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BEPPA.PFD (Brookfield Renewable Partners LP) Debt-to-EBITDA : 7.95 (As of Jun. 2024)


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What is Brookfield Renewable Partners LP Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Brookfield Renewable Partners LP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $4,957.00 Mil. Brookfield Renewable Partners LP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $24,834.00 Mil. Brookfield Renewable Partners LP's annualized EBITDA for the quarter that ended in Jun. 2024 was $3,748.00 Mil. Brookfield Renewable Partners LP's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 7.95.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Brookfield Renewable Partners LP's Debt-to-EBITDA or its related term are showing as below:

BEPpA.PFD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.52   Med: 7.46   Max: 9
Current: 7.81

During the past 13 years, the highest Debt-to-EBITDA Ratio of Brookfield Renewable Partners LP was 9.00. The lowest was 4.52. And the median was 7.46.

BEPpA.PFD's Debt-to-EBITDA is ranked worse than
72.02% of 336 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.205 vs BEPpA.PFD: 7.81

Brookfield Renewable Partners LP Debt-to-EBITDA Historical Data

The historical data trend for Brookfield Renewable Partners LP's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Brookfield Renewable Partners LP Debt-to-EBITDA Chart

Brookfield Renewable Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.33 8.57 9.00 8.59 7.51

Brookfield Renewable Partners LP Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.93 7.07 6.68 7.91 7.95

Competitive Comparison of Brookfield Renewable Partners LP's Debt-to-EBITDA

For the Utilities - Renewable subindustry, Brookfield Renewable Partners LP's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Brookfield Renewable Partners LP's Debt-to-EBITDA Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Brookfield Renewable Partners LP's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Brookfield Renewable Partners LP's Debt-to-EBITDA falls into.



Brookfield Renewable Partners LP Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Brookfield Renewable Partners LP's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4976 + 25494) / 4058
=7.51

Brookfield Renewable Partners LP's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4957 + 24834) / 3748
=7.95

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2024) EBITDA data.


Brookfield Renewable Partners LP  (NYSE:BEPpA.PFD) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Brookfield Renewable Partners LP Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Brookfield Renewable Partners LP's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Brookfield Renewable Partners LP Business Description

Address
73 Front Street, 5th Floor, Hamilton, BMU, HM 12
Brookfield Renewable is a globally diversified, multitechnology owner and operator of clean energy assets. The company's portfolio consists of hydroelectric, wind, solar, and storage facilities in North America, South America, Europe, and Asia, and totals over 20 gigawatts of installed capacity. Brookfield Renewable invests in assets directly, as well as with institutional partners, joint venture partners, and through other arrangements. The company offers two separate listings for investors: Brookfield Renewable Partners LP and Brookfield Renewable Corporation.